Małgorzata Janicka
International Business and Global Economy, Volume 33, 2014, pp. 675-686
https://doi.org/10.4467/23539496IB.13.050.2435This year ten years have passed since Poland became a member of the European Union. The full liberalization of capital flows between Poland and the EU, the OECD, and the EEA was one of the key changes resulting from this membership. The purpose of this article is to analyse selected indicators that define the external stability in the light of the growing involvement of foreign capital in the Polish economy, which is a consequence of that opening. The indicators examined in the article do not give a clear reason for concern; however, there is no doubt that Poland exceeds the thresholds defined by the EU to the current account balance and net IIP referred to the GDP. This means that there is a need to monitor the consequences of rising presence of foreign capital in the Polish economy from the point of view of the conditions of its external stability in the coming years.
Małgorzata Janicka
International Business and Global Economy, Volume 35/1 , 2016, pp. 357-369
https://doi.org/10.4467/23539496IB.16.026.5607The volatility and instability of the global economy and the international financial markets in the last decade have contributed to the growth of interest in the evolution of indicators of external balance of individual countries. The aim of the article is an analysis of selected indicators of the external stability of Poland. In comparison with the previously conducted research (covering the period from 2000 to 2012), the situation has improved; Poland now exceeds one of the indicators – IIP net/GDP. The other one, the balance of current account/GDP, meets the required EU standards. Yet the question arises: is this change a consequence of the real changes taking place in the Polish economy, or is it the result of a temporary, positive coincidence of internal and external factors?